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1. How do the risks associated with network systems compare with the risks associated with centralized IT functions? 2. What is the relationship between tolerable misstatement, inherent risk, and control risk in regards to tests of details of balances? 3. How do the calculation and comparison to previous years of the gross margin percentage and the ratio of accounts receivable to sales are related to the conformation of accounts receivable and other tests of the accuracy of accounts receivable?
QUESTION:How do the risks associated with network systems compare with the risks associated withcentralized IT functions?SOLUTION:Network system is a computer operating system which is designed…
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